+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

285m2 Office in Limassol, Cyprus No. 29964

285 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

The new project is a commercial 22-level high-rise building located on the main business street of Limassol, Makarios Avenue. The project is a high-tech building with office floors, a technical floor with a generator, seating areas and a roof terrace, three underground floors for car parking, two high performance elevators. The convenient location of the property allows you to get access to all the necessary infrastructure of the city within minutes. Tower is a market-leading Energy Class A Building, characterized by exceptional performance and high-quality features, including building shell thermal insulation, advanced glass facade engineering, efficient electromechanical equipment, and lighting, as well as comprehensive energy management and monitoring systems. Exclusive amenities include a fully equipped gym on the 18th floor, accentuated by double ceilings, stunning city, and sea views. This world-class space also includes luxurious showers and changing facilities, as well as a sauna and steam bath. Tower provides a luxurious, comfortable, and efficient working environment that meets the needs of modern businesses and employees. Key specifications include: State-of-the-art technology- high speed internet connectivity, advanced security systems, smart automation, and energy management systems; Flexible floor plans: Adaptable and customizable spaces to accommodate various office layouts, including open- plan, private offices, and co-working environments; Premium building materials: High quality and durable materials for both the interior and exterior to ensure a sophisticated and lasting aesthetic; High-end amenities: On-site facilities such as fitness center, lounges, cafes, and rooftop terraces; Efficient building systems: Centralized HVAC systems, high-performance insulation, and double-glazed windows for optimal thermal comfort and energy efficiency; Advanced security: 24/7 security personnel, CCTV surveillance, access control systems, and secure parking facilities;  Accessibility: Compliance with ADA standards and ease of access for individuals with disabilities, including elevators, ramps, and designated parking spaces; Parking and transportation: Ample onsite parking electric vehicle charging stations, and easy access to public transportation; Professional property management: A dedicated team to ensure smooth building operations, maintenance, and tenant services; Flexible lease terms: Options for short term and long-term leases, as well as co-working and shared office spaces; Furthermore, exclusive services include reception, concierge, cleaning and maintenance services; Recycling and waste management, energy management and emergency preparedness.

Features

Internet

Internet

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

285m2 Office in Limassol, Cyprus No. 29964

285m2 Office in Limassol, Cyprus No. 29964

Features

Features

Internet

Internet

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